Proven reserves of “Slavneft” are up by 6.8% in 2013
Edited by Rhod Mackenzie / 2014-03-24 05:50:49
The recoverable resources of “Slavneft” (the JV of “Rosneft” and “Gazpromneft”) made up 1.647 billion barrels under SEC standards, as of December 31st, 2013 (- 0.2% y-o-y), gas reserves are up 6.8% to 9.8 billion cubic meters. It is said about in a statement of the company.
The oil reserves' recovery rate of the holding, which is calculated as recoverable proven reserves growth (119.2 mln.barrels) ratio to the production volume in 2013 (12.6 mln. barrels), made up 0.97 under SEC standards.